Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Slovak Republic
LREM24FESKA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.28
Year-over-Year Change
5.82%
Date Range
1/1/1999 - 1/1/2024
Summary
The employment rate for females aged 15 to 24 in the Slovak Republic provides insights into the labor market participation and economic opportunities for young women in the country.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the percentage of females aged 15 to 24 who are employed in the Slovak Republic. It is a key indicator of the economic and social inclusion of young women in the workforce and can inform policy decisions related to education, training, and job creation.
Methodology
The data is collected through national labor force surveys conducted by the Slovak Statistical Office.
Historical Context
Policymakers and economists use this trend to assess the labor market conditions and economic prospects for young women in Slovakia.
Key Facts
- The employment rate for young women in Slovakia was 34.7% in 2021.
- Slovakia's female youth employment rate is lower than the EU average.
- Improving access to education and training can help increase young women's participation in the labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment rate for females aged 15 to 24 in the Slovak Republic, providing insights into the labor market participation and economic opportunities for young women in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, economists, and researchers as it helps assess the labor market conditions and economic prospects for young women in Slovakia, informing decisions related to education, training, and job creation.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the labor market conditions and economic opportunities for young women in Slovakia, which can inform policy decisions aimed at promoting gender equality and youth employment.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and can be influenced by factors such as economic cycles and policy changes in the Slovak Republic.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Slovak Republic (LREM24FESKA156S), retrieved from FRED.